ASIC’s Latest Report Clarifies Trade Reporting Requirements

Share on facebook
Share on twitter
Share on linkedin

ASIC’s Latest Report Clarifies Trade Reporting RequirementsASIC has confirmed its position on trade reporting in its latest release about the Over The Counter (OTC) Derivatives market in the detailed report on the industry released in June 2016 titled Compliance Review of the Retail OTC Derivatives Sector. You can access the full report here.

ASIC has clarified that they expect all margin foreign exchange (Margin FX), Contracts for Difference (CFD) and binary options transactions to be reported under the Derivative Transaction Rules, which can be accessed here.

Read the full article in PDF on our Media Page or on Finance Magnates.

About The Author

Sophie Gerber

Sophie is the director of both Sophie Grace Legal Pty Ltd and Sophie Grace Pty Ltd. Sophie has worked with some of Australia’s largest financial services organisations in compliance, legal and operational roles. She has also worked with small businesses to provide tailored solutions with a strong understanding of business practicalities as well as obligations to regulators.

Obligation Free Consultation

We will call you back ASAP!

Recent Updates